Mr. Chair, I certainly do have concerns about how personal information is managed. I think this is one huge problem that industry has overall. It will not just be the banks but the banks will be looking for data centres to manage all the information of their clients. How efficient that will be and how protective they will be with our information remains in question.
It used to be that much of this was housed in house literally. It has only been of late that these data centres now have cropped up and they pose another problem as far as privacy is concerned.
I would have to suggest that we will be looking for legislation that will protect that information. There is no question that this must happen. If we as parliamentarians and lawmakers cannot address those issues, just as we are talking about identity theft itself by protecting the average user that has no intent of abusing the privilege of using a card, there are those out there who could not care less about that person's reputation or his financial situation. By stealing that information and using it for his own gain, if we cannot address all of these issues, and I think we must address all these issues, we will run into some very serious problems in the future, more so than what we even see right now.
I am trusting that over the next year or two this House will specifically address the privacy matters and the protection of personal information. As the member pointed out, there are too many breaches already. No one has been able to address them because there are no laws in place that really deal specifically with that.